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FWONALiberty Media Corp · Insider ownership research

Liberty Media Corp insiders sold $46.7M in the past 12 months. How much of their stake is that?

Insiders sold $46.7M in the past 12 months.0% was sold under disclosed trading plans, 100% with no plan disclosed. The largest seller, Chase Carey (Director), sold $44.6M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 13, 2026 from SEC filings · covers Oct 14, 2025 to Oct 13, 2026
$46.7M
sold with no plan disclosed, past 12 months
0%
of sales were under disclosed trading plans, past 12 months
2 of 11
officers and directors sold shares, past 12 months
Is this normal? Less than usual: about half of the 5-year average. 2 insiders sold; the average is 5 a year. Year by year
Latest filing: Filed Jun 16 for a sale on Jun 15. Renee Wilm sold 12K shares ($1.0M) with no plan disclosed. Filing
SEC ownership filings: 42 filed in the 12 months to Oct 13, 2026; 725 on record since Dec 27, 2012 · See the evidence

What stands out

Two insiders sold $46.7M with no disclosed plan: Chase Carey ($44.6M) and Renee Wilm ($2.1M). The filings don't state a reason.Chase Carey: largest such sale, Nov 10, 2025 · Renee Wilm: largest such sale, Jun 15, 2026

A share of stake is shown for 0 of the 2 officers and directors who sold. 11 are left out

i
Left out: John Malone, Robert Bennett, Chase Carey, Evan Malone, Larry Romrell, Renee Wilm, Brian Wendling, Brian Deevy, Andrea Wong, Derek Chang and Malcolm Gilchrist (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Chase Carey
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$44.6MNo plan disclosed
Renee Wilm
Chief Legal/Admin Officer
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$2.1MNo plan disclosed
Amounts, filings and trading plans for each seller

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNov 2025: $20.6M no plan disclosed$20.6MNovDec 2025: $16.1M no plan disclosedDecJanFebMarAprMay 2026: $9.0M no plan disclosedMayJun 2026: $1.0M no plan disclosedJunJulAugSepOct

Recent activity

Past 30 days, Sep 14, 2026 to Oct 13, 2026

No officer or director trades were reported for the past 30 days. The most recent before that:

Jun 15, 2026Renee Wilm sold 12K shares ($1.0M) with no plan disclosed.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Renee Wilm
Chief Legal/Admin Officer
11,597$90.09n/an/aJun 15, 2026Jun 16, 2026

Common questions

Is the Liberty Media Corp CEO selling stock?

No. Derek Chang reported no open-market sales in the past 12 months.

Why are Liberty Media Corp insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Liberty Media Corp insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold2 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Chase Carey
Director
$44.6M
457K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Renee Wilm
Chief Legal/Admin Officer
$2.1M
23K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
The full ownership picture0 of 11 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 13, 2025SoldHeld Oct 13, 2026Still held
John Malone
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for John Malone are complete.
10% owner
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for John Malone

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for John Malone are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Robert Bennett
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Robert Bennett are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Robert Bennett

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Robert Bennett are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
3,328$93.89Dec 6, 2031$0
400,000$85.09Dec 3, 2032$2.0M

Estimate: options held × ($90.09 − strike price), using the most recent insider trade price on Form 4 (Jun 15, 2026), not a market close.

Chase Carey
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Chase Carey are complete.
Director
n/a−457Kn/an/a
Vesting, gifts, unvested awards and holding lines for Chase Carey

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Chase Carey are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
574,331$28.00Mar 11, 2027$35.7M

Estimate: options held × ($90.09 − strike price), using the most recent insider trade price on Form 4 (Jun 15, 2026), not a market close.

Evan Malone
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Evan Malone are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Evan Malone

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Evan Malone are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
2,952$62.92Dec 8, 2030$80K
4,633$92.29Dec 3, 2032$0

Estimate: options held × ($90.09 − strike price), using the most recent insider trade price on Form 4 (Jun 15, 2026), not a market close.

Larry Romrell
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Larry Romrell are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Larry Romrell

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Larry Romrell are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−1.1Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
2,952$62.92Dec 8, 2030$80K
3,328$93.89Dec 6, 2031$0
4,633$92.29Dec 3, 2032$0

Estimate: options held × ($90.09 − strike price), using the most recent insider trade price on Form 4 (Jun 15, 2026), not a market close.

Renee Wilm
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Renee Wilm are complete.
Chief Legal/Admin Officer
n/a−23Kn/an/a
Vesting, gifts, unvested awards and holding lines for Renee Wilm

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Renee Wilm are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−43Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
53,310$62.92Dec 8, 2030$1.4M

Estimate: options held × ($90.09 − strike price), using the most recent insider trade price on Form 4 (Jun 15, 2026), not a market close.

Brian Wendling
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Brian Wendling are complete.
CAO/Pfo
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Brian Wendling

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Brian Wendling are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−7.3Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
5,009$42.10Dec 10, 2027$240K
27,321$62.92Dec 8, 2030$742K

Estimate: options held × ($90.09 − strike price), using the most recent insider trade price on Form 4 (Jun 15, 2026), not a market close.

Brian Deevy
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Brian Deevy are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Brian Deevy

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Brian Deevy are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−2.1Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,476$62.92Dec 8, 2030$40K
1,664$93.89Dec 6, 2031$0
2,316$92.29Dec 3, 2032$0

Estimate: options held × ($90.09 − strike price), using the most recent insider trade price on Form 4 (Jun 15, 2026), not a market close.

Andrea Wong
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Andrea Wong are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Andrea Wong

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Andrea Wong are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,476$62.92Dec 8, 2030$40K
1,664$93.89Dec 6, 2031$0

Estimate: options held × ($90.09 − strike price), using the most recent insider trade price on Form 4 (Jun 15, 2026), not a market close.

Derek Chang
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Derek Chang are complete.
President & CEO, Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Derek Chang

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Derek Chang are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
68,388$94.11May 12, 2032$0
287,504$92.29Dec 3, 2032$0

Estimate: options held × ($90.09 − strike price), using the most recent insider trade price on Form 4 (Jun 15, 2026), not a market close.

Malcolm Gilchrist
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Malcolm Gilchrist are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Malcolm Gilchrist

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Malcolm Gilchrist are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
2,952$62.92Dec 8, 2030$80K
3,328$93.89Dec 6, 2031$0
4,633$92.29Dec 3, 2032$0

Estimate: options held × ($90.09 − strike price), using the most recent insider trade price on Form 4 (Jun 15, 2026), not a market close.

Holdings and share of stake for Liberty Media Corp are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$46.7M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $46.7M across 479,960 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $46.7M

Sales with no 10b5-1 plan and no tax reference in the filing. $44.6M of it is Chase Carey. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Chase Carey, Nov 10, 2025

Taxes

53,546 shares ($4.8M) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Chase Carey
Director
457K$44.6M0%96%Nov 10, 2025 to May 27, 2026
Renee Wilm
Chief Legal/Admin Officer
23K$2.1M0%4%Nov 7, 2025 to Jun 15, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$20.6M$0$0$20.6M
Dec 2025$16.1M$0$0$16.1M
Jan 2026$0$0$0$0
Feb 2026$0$0$0$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$9.0M$0$0$9.0M
Jun 2026$1.0M$0$0$1.0M
Jul 2026$0$0$0$0
Aug 2026$0$0$0$0
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about half of the 5-year average. 2 insiders sold; the average is 5 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 13, 2026
Latest 12 months
480K2$46.7M
Oct 13, 2025
1 year earlier
283K6$26.3M
Oct 13, 2024
2 years earlier
412K6$27.8M
Oct 14, 2023
3 years earlier
1.49M6$107M
Oct 14, 2022
4 years earlier
753K5$41.8M
Oct 14, 2021
5 years earlier
1.20M4$48.2M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty11 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Liberty Media Corp are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology725 filings on record, 42 filed in the 12-month period, and how we read them

All 725 Forms 3, 4 and 5 on record for Liberty Media Corp (SEC CIK 1560385), filed from Dec 27, 2012 to Oct 1, 2026; 42 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 13, 2026. Prices are the ones reported in each filing, often weighted averages. 44 filings were left out because Liberty Media Corp filed them as an owner of another company's stock.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (15)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Gregory MaffeiDec 18, 20244,514,698 shares, last reported balance as of Dec 16, 2024
BERKSHIRE HATHAWAY INCSep 12, 202456,285,253 shares, last reported balance as of Jun 14, 2024
Ted WeschlerSep 12, 202463,415,971 shares, last reported balance as of Nov 1, 2021
Albert RosenthalerAug 16, 2023128,521 shares, last reported balance as of Aug 3, 2023
GAMCO INVESTORS, INC. ET ALJul 10, 2023154,000 shares, last reported balance as of Jul 7, 2023
BARCLAYS PLCFeb 24, 2022216,249 shares, last reported balance as of Feb 16, 2022
David RapleyDec 14, 202122,124 shares, last reported balance as of Dec 10, 2021
Ancient Art, L.P.Jun 9, 20202,536,124 shares, last reported balance as of Jun 5, 2020
Richard BaerMar 15, 201917,740 shares, last reported balance as of Mar 7, 2019
Mark CarletonMar 11, 201959,859 shares, last reported balance as of Mar 7, 2019
Christopher SheanSep 26, 2016219,903 shares, last reported balance as of Sep 22, 2016
Donne FisherJun 1, 2015148,048 shares, last reported balance as of May 28, 2015
StarzJan 15, 2013No balance on record
Pamela CoeNo balance on record
Philip BoeckmanNo balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.